Author: Romil Sethi

India: Sponge iron prices edge up despite limited demand – 8 May

May 8, 2024

—

by

Romil Sethi

in Sponge Iron

Demand remains limited on higher offers Spot trade volumes drop due to need-based bookings Indian sponge iron prices edged up today by INR 100-200/t in almost all major locations. However, demand remained limited on higher offers. Sponge iron prices in Raigarh and Mandi Gobindgarh on the other hand, fell slightly by INR 50-100/t. PDRI market…